Pantera Advisors, LLC | |
Company type | Private |
Founded | 2003 |
Founder | Dan Morehead |
Headquarters | , U.S. |
Area served |
|
Products | |
AUM | US$5 billion (2025) |
Website | Official website |
Pantera Capital is an American venture capital and hedge fund firm focused on digital assets headquartered in San Francisco, California. [1] [2] The fund specializes in cryptocurrencies and blockchain technology. [3] [4] It is one of the largest digital asset funds in the world by managed assets. [5]
The firm was founded in San Francisco, California in 2003 by Dan Morehead, before opening offices on Silicon Valley's Sand Hill Road. [6] Morehead was previously the Head of Global Macro Trading and CFO at Tiger Management and is seen as one of the fund's "tiger cubs." [7] The fund was initially focused on global macro before focusing solely on blockchain with Paul Veradittakit. [8]
In 2013, Pantera launched the first institutional investment fund focused on Bitcoin in the United States. [2] [3] The fund opened an office in New York during the early 2000s and established operations in Puerto Rico in 2021. [9] [10]
Pantera launched its second and third venture funds in 2014 and 2018, respectively. Venture Fund II raised $23 million while Venture Fund III raised $175 million.